EC technical analysis
EC Technical Analysis
Analysis date
July 18, 2026
Market
NYSE (USD)
Daily cutoff
July 17, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
EC Data Verification
Cross-validating the latest completed daily bar across independent sources.
- Symbol
- EC
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- July 17, 2026
No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.
| Source | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Yahoo Finance Chart API (primary) | 16.09 | July 17, 2026 | - | Verified |
| Financial Modeling Prep (independent) | 16.09 | July 17, 2026 (previous close) | 0.00% | Verified |
Bottom line
EC Technical Analysis Summary
EC (Ecopetrol S.A.) shows a strongly bullish technical picture after a significant rally from its 52-week low. On the daily chart, price at 16.09 is above SMA20 (15.26), SMA50 (14.87), and SMA200 (12.37), confirming a broad-based uptrend across all timeframes. RSI14 at 69.52 indicates strong bullish momentum while approaching overbought territory. The daily MACD shows a bullish configuration with the MACD line at 0.24 above the signal line at 0.13, and the histogram at 0.11 is positive and expanding slightly. The weekly timeframe confirms the bullish structure with price above all key SMAs and RSI at 64.33 staying above the 50 midline. Key resistance lies at the 52-week high of 17.75 and the recent high of 16.58. Support rests at 15.26 (SMA20), 14.24 (20-day low), and 12.64 (60-day low). The stock has rallied approximately 94% from its 52-week low of 8.27 to its current level, reflecting the strong recovery in energy prices and improved operational performance.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (July 17, 2026)
- Trend
- Bullish across all timeframes. Price at 16.09 is above SMA20 (15.26, +5.44%), SMA50 (14.87, +8.20%), and SMA200 (12.37, +30.07%). All three key moving averages are sloping upward, with the SMA200 now clearly inflecting higher after a prolonged decline. The stock has established a well-defined uptrend channel since bouncing from the 8.27 low.
- Momentum
- Bullish but approaching overbought. RSI14 at 69.52 is firmly in bullish territory but getting close to the 70 overbought threshold, suggesting momentum is strong but may be due for a pause or pullback. MACD line at 0.24 is above the signal line at 0.13 with the histogram at 0.11 positive and expanding — a clean bullish configuration that supports the ongoing uptrend.
- Volatility
- Moderate. ATR14 at 0.50 (3.08% of price) suggests average daily movement of approximately 3%. Bollinger Bands (13.81 to 16.71) show price near the upper band, consistent with the strong uptrend. Band width is moderate, reflecting normal volatility conditions for an energy stock.
- Volume
- Below average. Latest volume of 1,840,948 is 57.2% of the 20-period average (3,218,217), indicating reduced participation in the recent rally. This volume divergence warrants some caution as the uptrend may be losing institutional conviction at current levels.
Assessment
The daily chart presents a clean bullish picture with price above all major moving averages and all three SMAs sloping upward. The MACD is in a confirmed bullish phase. The main concern is the RSI approaching 70, suggesting the stock may be entering overbought territory, and the declining volume during the rally. The 52-week position at 94.1% means the stock is trading near the top of its annual range, increasing the risk of profit-taking. A break above the 16.58 recent high would open the path toward the 52-week high at 17.75.
Weekly (July 13, 2026 week)
- Trend
- Bullish. Price at 16.09 is above SMA20 (14.68), SMA50 (12.03), and SMA200 (10.75). All three moving averages are sloping upward, confirming a structural uptrend. The stock has staged a remarkable recovery from the 8.29 low, more than doubling in value over the past year.
- Momentum
- Bullish with room to run. RSI14 at 64.33 is firmly above the 50 midline and has room before reaching overbought territory (70+). MACD line at 1.05 is above the signal line at 1.04, and the histogram at 0.01 is positive but barely so, suggesting the bullish momentum at the weekly level is intact but not accelerating.
- Volatility
- Moderate. ATR14 at 1.36 (8.47% of price) reflects typical weekly ranges for an emerging-market energy company. Bollinger Bands (12.54 to 16.82) are moderately wide with price near the upper band, reflecting the strong uptrend.
- Volume
- Below average. Weekly volume of 1,840,948 is 12.6% of the 20-week average (14,624,182), indicating reduced participation. The low ratio may partially reflect the ADR structure and thinner trading in the weekly aggregation.
Assessment
The weekly chart confirms a strong structural uptrend across all timeframes, which is rare even for strongly trending stocks. The recovery from 8.29 to 16.09 represents a 94% gain over approximately 52 weeks. All three weekly SMAs are sloping upward, providing a solid foundation. The RSI at 64.33 has room before overbought conditions emerge. However, the thinning volume on the weekly chart suggests the advance may be losing institutional participation. The 20-week high at 16.58 represents near-term resistance, with the 52-week high at 17.75 as the next major target. The stock has rallied sharply from deeply oversold conditions, and some consolidation at these levels would be healthy.
Key indicators
EC Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 69.52 | 64.33 |
| MACD (12, 26, 9) | 0.24 / 0.13 / 0.11 | 1.05 / 1.04 / 0.01 |
| ATR (14) | 0.50 (3.08%) | 1.36 (8.47%) |
| Bollinger Bands (20, 2) | 13.81 - 16.71 | 12.54 - 16.82 |
| SMA (20) | 15.26 | 14.68 |
| SMA (50) | 14.87 | 12.03 |
| SMA (200) | 12.37 | 10.75 |
Price structure
EC Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 16.09 | 16.09 |
| 1-Period Return | +1.84% | +1.84% |
| 5-Period Return | +3.27% | -2.96% |
| 20-Period Return | +2.68% | +24.54% |
| 60-Period Return | +13.71% | +89.96% |
| 252-Period Return | +81.19% | +9.98% |
| 52-Week Low | 8.27 | 8.29 |
| 52-Week High | 17.75 | 17.75 |
| 52-Week Position | 94.09% | 94.09% |
Key levels
EC Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 16.58 | 16.58 |
| 20-Period Low | 14.24 | 12.64 |
| 60-Period High | 16.58 | 17.75 |
| 60-Period Low | 12.64 | 8.29 |
Scenarios
EC Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price breaks above the recent high of 16.58 with above-average volume, targeting the 52-week high at 17.75.
Invalidation
Price falls back below SMA20 (15.26) and breaks the 20-day low at 14.24.
What to watch
Daily RSI staying above 60 without reaching overbought above 70; MACD histogram continuing to expand; volume increasing on break attempts; weekly RSI staying above 60.
Range-Bound
Trigger
Price oscillates between SMA20 support (15.26) and the 16.58 resistance zone with no clear directional bias, potentially forming a consolidation pattern.
Invalidation
A decisive break above 16.58 or below 14.24 with increasing volume.
What to watch
RSI staying between 50 and 65; MACD histogram fluctuating around zero; volume remaining below average; Bollinger Bands contracting.
Bearish
Trigger
Price fails to hold above SMA20 (15.26) and breaks below the 60-day low at 12.64, suggesting a deeper correction after the extended rally.
Invalidation
Price holds above SMA20 and establishes a higher low above 14.24.
What to watch
Daily RSI falling below 60 and toward 50; MACD histogram turning negative; volume increasing on down days; weekly RSI falling back below 60.
Methodology
Methodology and Limitations
This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Financial Modeling Prep (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 17, 2026. The weekly analysis covers approximately 5 years (262 completed bars) ending the week of July 13, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 17, 2026, weekly July 13, 2026 week. Generated July 18, 2026.
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